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$ 875,000
Est. payment /mo
New
963 Second Ave East AVE E Owen Sound, ON N4K 2H5
1 Bath
5,785 SqFt
UPDATED:
02/28/2025 06:02 PM
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 5,785 sqft
Price per Sqft $151
Subdivision Owen Sound
MLS Listing ID X11990352
Annual Tax Amount $12,722
Tax Year 2024
Property Sub-Type Commercial Retail
Property Description
Located in the vibrant city of Owen Sound, this 5,783 square foot freestanding retail property is currently home to a well-established Rexall Pharmacy. Owen Sound, the largest urban community in Grey County, serves as the regional hub for the picturesque Grey-Bruce Peninsula. The city has experienced steady growth, particularly driven by the Bruce Power Nuclear Generating Station's major component replacement project, a $13 billion investment running through 2033 that has attracted thousands of skilled workers and their families to the region. Situated on Second Avenue East, this property benefits from Owen Sound's position as a four-season tourist destination, with its beautiful harbor, waterfalls, and proximity to both Georgian Bay and Lake Huron. The city's growing population of over 22,000 residents enjoys a perfect blend of urban amenities and natural attractions, supporting a robust retail environment. The property features excellent visibility, ample parking, and is positioned in a prime retail corridor. This investment opportunity is underpinned by the strength of a national pharmacy tenant and Owen Sound's expanding economic base, bolstered by healthcare, tourism, and the region's nuclear industry.
Location
Province ON
County Grey County
Community Owen Sound
Area Grey County
Interior
Cooling Yes
Exterior
Community Features Major Highway, Public Transit
Utilities Available Available
Lot Frontage 49.52
Lot Depth 159.5
Others
Security Features Yes
Listed by Royal LePage Locations North